Business
Set of halftone hands holding gift boxes
(Getty Images)

Retailers prep for an October sales blitz ahead of a cutthroat holiday shopping season

Walmart, Amazon, and Target are leaning on early deal events, faster delivery, and price cuts to win over cash-strapped consumers.

Nia Warfield

Christmas is still months away, but the holiday shopping wars are already here. Mega-retailers are pushing up their calendars with earlier sales events, faster delivery promises, and perks aimed at budget-conscious shoppers. Next month...

  • Amazon will hold its Prime Big Deal Days on October 7 and 8. The two-day sale is shorter than July’s four-day Prime Day but is designed to pull spending forward ahead of Black Friday.

  • Walmart will give Walmart+ members early access on October 6 before opening a five-day event October 7 through 12 with discounts across categories like toys, fashion, and electronics.

  • Target is bringing back its fall Circle Week, which runs October 5 through 11, with early access for Circle 360 members on October 4. Deals will include home goods, apparel, toys, and electronics.

Consumer cutbacks

Sales events have become more common as budgets tighten and shoppers change their habits to cope.

Bankrate’s 2025 Holiday Spending Report shows about half of consumers plan to start shopping before Halloween, and YouGov’s Black Friday and Cyber Monday Outlook found that 22% are shopping before Black Friday, largely to avoid unexpected price hikes. More Americans are eyeing Prime Day deals, too: 36% say they’ll shop this year’s sales, compared with 32% last year. Still, about a quarter of those shoppers said they expect to spend less overall. 

PwC’s 2025 Holiday Outlook survey found consumers expect to spend ~$1,552 each this holiday season, down 5.3% from last year, marking the first comparable decline since 2020.

Seasonal retail hiring is also expected to fall to its lowest level since 2009, as retailers brace for slower foot traffic.

Need for speed

Even as wallets tighten, shoppers still expect convenience. Walmart is expanding next-day delivery and leaning on “buy now, pay later” at checkout. Amazon is betting on its same-day hubs and AI-driven product recommendations to keep carts moving. Target has not only slashed prices, but also pushed curbside and in-store pickup options to help drive sales.

On the back end, all three are using AI to forecast demand, localize inventory, and help streamline supply chains — which makes sense, as outside of price, 62% of US consumers say faster shipping is the deciding factor when making purchases this season.

More Business

See all Business
business

Warner Bros. Discovery climbs amid reports it’s rejected takeover offers around $24 per share

Shares of Warner Bros. Discovery are trading up on Wednesday as a bidding war for the HBO and CNN parent company heats up.

According to CNBC, WBD has now rejected three Paramount Skydance offers. The latest was said to be for close to $24 per share (about a 15% premium from the stock’s level as of Wednesday morning and nearly double where it was trading before reports of a potential takeover surfaced in September) with 80% in cash. Yesterday afternoon, Reuters reported that WBD’s board rejected the $24 offer on Tuesday.

WBD, which said on Tuesday it was open to a sale and that there are multiple interested parties, climbed on the latest update. The stock was up more than 4% after the market opened before its gains narrowed.

According to reports, Paramount remains the most interested potential buyer, but Comcast, Amazon, and Netflix are also circling.

On Netflix’s earnings call after the bell Tuesday, the streamer’s co-CEO, Ted Sarandos, reiterated that the company has “no interest in owning legacy media networks.” Still, industry experts have speculated that a sale of WBD’s streaming and film studios business — which it previously intended to spin off — could be on the table, leaving Netflix in the hunt.

WBD, which said on Tuesday it was open to a sale and that there are multiple interested parties, climbed on the latest update. The stock was up more than 4% after the market opened before its gains narrowed.

According to reports, Paramount remains the most interested potential buyer, but Comcast, Amazon, and Netflix are also circling.

On Netflix’s earnings call after the bell Tuesday, the streamer’s co-CEO, Ted Sarandos, reiterated that the company has “no interest in owning legacy media networks.” Still, industry experts have speculated that a sale of WBD’s streaming and film studios business — which it previously intended to spin off — could be on the table, leaving Netflix in the hunt.

business
Millie Giles

Mattel stock sinks after the Barbie maker posts disappointing Q3 results

Shares of toymaker Mattel fell by more than 6% in early trading this morning, after the company posted third-quarter results on Tuesday evening that missed analysts’ estimates.

The company, which owns Barbie and Hot Wheels, reported net sales of $1.74 billion — a 6% slump year over year, and short of the $1.83 billion Wall Street expected — with net profit also slipping by 25% to $278 million.

Plant Based Meat Burger on grill

Beyond Meat is soaring again — can the fake meat company turn the meme stock spotlight into a real future?

The faux meat maker’s stock is up more than 1,200% since October 16, but its core business is still a cash incinerator.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.